Core Viewpoint - The cotton futures prices on the Intercontinental Exchange (ICE) are experiencing slight upward fluctuations, with current trading at 64.28 cents per pound, reflecting a 0.08% increase from the opening price of 64.23 cents per pound [1] Cotton Market Review - On November 25, the ICE cotton futures showed the following trading data: opening price at 64.01 cents, highest at 64.67 cents, lowest at 63.93 cents, and closing at 64.15 cents, marking a decrease of 0.23% [1] Cotton Production Estimates - StoneX reported that Brazil's cotton production for the 2025/26 season is projected to reach 3.695 million tons, which is a 1% decrease from the previous month's forecast [1] Inventory Data - As of November 24, 2025, the total cotton inventory in Zhangjiagang Free Trade Zone is 33,300 tons, a year-on-year decrease of 0.41%. This includes bonded cotton at 31,400 tons (down 0.41% year-on-year) and non-bonded cotton at 1,900 tons (down 0.25% year-on-year) [1] Price Trends - On November 25, the average price for 3128 grade cotton delivered nationwide was 14,826 yuan per ton, an increase of 60.00 yuan per ton. Conversely, the price for 32s pure cotton yarn in ring spinning was 21,352 yuan per ton, a decrease of 66.00 yuan per ton. Spinning profit stands at -956.6 yuan per ton, down by 132.00 yuan per ton [1]
ICE棉花价格窄幅偏强震荡 巴西2025/26年度棉花产量预计将达到369.5万吨
Jin Tou Wang·2025-11-26 03:03